2080 15Th AveMelrose Park, IL 60160

  • Industrial properties
  • 1.28 AC

Property Details for 2080 15Th Ave

Year built
1963
Lot size
1.28 AC
Property type
Industrial properties
APN
12-34-400-018
APU
1234400018

Description

This single-tenant industrial property, located at 2080 N 15th Ave in Melrose Park, IL, offers 46,807 square feet of space ideal for manufacturing, warehousing, or distribution. Built in 1962, the building sits on a 1.49-acre lot in the West Cook submarket of Cook County. Features include a ceiling height ranging from 13 to 16 feet, providing ample vertical space for storage or operations. Loading is facilitated by three dock-high doors and one drive-in door. The property also boasts 20 total parking spaces. The building benefits from substantial power capacity, with 1,200 amps, 480 volts, and 3-phase power available. Property taxes are $3.03 per square foot. Its convenient location offers easy access to major transportation arteries, including Interstate 294, just 4.5 miles away, and O'Hare International Airport, a mere 17-minute drive. The property's APN is 12-34-400-024 and the zip code is 60160. This well-situated industrial facility presents a compelling opportunity for businesses seeking efficient and strategically located space in the thriving West Cook submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,210,970
    Hospitality
    $17,597,146
    Educational
    $14,640,619
    Medical
    $15,144,132
    Retail
    $22,774,296

Location Insight

City
Melrose Park
County
Cook
State
Illinois
Latitude
41.9149
Longitude
-87.8531
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$128,804
$104,358
$287,139
$391,497
-
$417,432
$1,148,556
$1,565,988

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